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On April 1, 2014, the Duval County School district received a $50,000 gift from
On April 1, 2014, the Duval County School district received a $50,000 gift from a local civic organization with the stipulation that, on March 31 of each year, any interest earnin…
On April 1, 2014, the Duval County School district received a $50,000 gift from
On April 1, 2014, the Duval County School district received a $50,000 gift from a local civic organization with the stipulation that, on March 31 of each year, any interest earnin…
On April 1, 2014, the Duval County School district received a $50,000 gift from
On April 1, 2014, the Duval County School district received a $50,000 gift from a local civic organization with the stipulation that, on March 31 of each year, any interest earnin…
On April 1, 2014, the KB Toy Company purchased equipment to be used in its manuf
On April 1, 2014, the KB Toy Company purchased equipment to be used in its manufacturing process. The equipment cost $59,800, has an ten-year useful life, and has no residual valu…
On April 1, 2014, the KB Toy Company purchased equipment to be used in its manuf
On April 1, 2014, the KB Toy Company purchased equipment to be used in its manufacturing process. The equipment cost $60,800, has an eight-year useful life, and has no residual va…
On April 1, 2014, you consider the purchase of an outstanding bond that was issu
On April 1, 2014, you consider the purchase of an outstanding bond that was issued on April 1, 2013. It has a 8% annual coupon and has a 30 year orginal maturity. Thus, it matures…
On April 1, 2015, Benton Corporation purchased 80% of the outstanding stock of C
On April 1, 2015, Benton Corporation purchased 80% of the outstanding stock of Crandel Company for $425,000. A condensed balance sheet of Crandel Company at the purchase date is s…
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $30,000 …
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. April 1 Nozomi invested $30,000 …
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $30,000 …
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $30,000 …
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 Nozomi invested $30,000 c…
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 Nozomi invested $30,000 c…
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 Nozomi invested $30,000 c…
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 Nozomi invested $30,000 c…
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 Nozomi invested $30,000 c…
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 Nozomi invested $30,000 c…
On April 1, 2015, Just for the Halibut Restaurant Co. issued $62,500 of 8- year
On April 1, 2015, Just for the Halibut Restaurant Co. issued $62,500 of 8- year bonds payable at 92 . The bonds bear interest at 5.6%. Interest is payable semi-annually on June 30…
On April 1, 2015, Mattson Industries purchased new equipment at a cost of $325,0
On April 1, 2015, Mattson Industries purchased new equipment at a cost of $325,000. The useful life of this equipment was estimated at 5 years, with a residual value of $25,000. …
On April 1, 2015, Tequila Mockingbird Bar&Grill, Inc. issued $62,500 of 8-year b
On April 1, 2015, Tequila Mockingbird Bar&Grill, Inc. issued $62,500 of 8-year bonds payable at 95. The bonds bear interest at 4.8%. Interest is payable semi-annually on June …
On April 1, 2015, Tritt sold the machine for $1,660,880 to Dwight Yoakam Company
On April 1, 2015, Tritt sold the machine for $1,660,880 to Dwight Yoakam Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.…
On April 1, 2015, the City of Southern Ponds issued $3,500,000 in 4% general obl
On April 1, 2015, the City of Southern Ponds issued $3,500,000 in 4% general obligation, tax supported bonds at 101 for the purpose of constructing a new police station. The premi…
On April 1, 2015. Jiro Nozomi created a new travel agency. Adventure Travel The
On April 1, 2015. Jiro Nozomi created a new travel agency. Adventure Travel The following transactions occurred during the company's first month April 1 Nozomi invested $36,000 ca…
On April 1, 2016 Alpha Company sells $1,000,000 face value of 10% five year bond
On April 1, 2016 Alpha Company sells $1,000,000 face value of 10% five year bonds which call for semiannual interest payments. The bonds are dated April 1, 2016 so these bonds are…
On April 1, 2016 Bully Company began the manufacture of a new dog treat known as
On April 1, 2016 Bully Company began the manufacture of a new dog treat known as a Bully-it Stick. The company installed a standard costing system to account for manufacturing cos…
On April 1, 2016, BigBen Company acquired 30% of the shares of LittleTick, Inc.
On April 1, 2016, BigBen Company acquired 30% of the shares of LittleTick, Inc. BigBen paid $143,000 for the investment, which is $41,000 more than 30% of the book value of Little…
On April 1, 2016, Cyclone’s Backhoe Co. purchases a trencher for $280,000. The m
On April 1, 2016, Cyclone’s Backhoe Co. purchases a trencher for $280,000. The machine is expected to last five years and has a salvage value of $40,000. Compute depreciation expe…
On April 1, 2016, John Vaughn purchased appliances from the Acme Appliance Compa
On April 1, 2016, John Vaughn purchased appliances from the Acme Appliance Company for $1,100. In order to increase sales, Acme allows customers to pay in installments and will de…
On April 1, 2016, the board of directors of Core Technologies declared a 10% sto
On April 1, 2016, the board of directors of Core Technologies declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Core Technologi…
On April 1, 2016, you consider the purchase of an outstanding bond that was issu
On April 1, 2016, you consider the purchase of an outstanding bond that was issued on April 1, 2015 for 30 years. It has an 8% annual coupon. Thus, it matures April 1, 2045!!! It …
On April 1, 2016. you consider the purchase of an outstanding bond that was issu
On April 1, 2016. you consider the purchase of an outstanding bond that was issued on April 1. 2015 for 30 years. It has an 8% annual coupon. Thus, it matures April 1, 20451 It ha…
On April 1, 2017 Landmark Consulting began operations with the following beginni
On April 1, 2017 Landmark Consulting began operations with the following beginning balances entered on April 1st as seen in the T-accounts below. Show each of the transactions des…
On April 1, 2017 the J&A; mining company invested in an oil field paying $12,000
On April 1, 2017 the J&A; mining company invested in an oil field paying $12,000,000 for the field. J&A; will builds a new road at a cost of $72,000, installed street ligh…
On April 1, 2017 the J&A; mining company invested in an oil field paying $12,000
On April 1, 2017 the J&A; mining company invested in an oil field paying $12,000,000 for the field. J&A; will builds a new road at a cost of $72,000, installed street ligh…
On April 1, 2017, Jiro Noz first month. omi createda n vel agency. Adventure tra
On April 1, 2017, Jiro Noz first month. omi createda n vel agency. Adventure transactions occurred during the company ash and computed lequipment worth $35,900 in the company in e…
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. The company's chart of accounts …
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 Nozomi invested $45,000 c…
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. The company's chart of acc…
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. On April 1, 2017, Jiro Nozomi cr…
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $30,000 …
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. The company's chart of accounts …
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. The company's chart of acc…
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. The company's chart of acc…
On April 1, 2017, Kingbird Company received a condemnation award of $516,000 cas
On April 1, 2017, Kingbird Company received a condemnation award of $516,000 cash as compensation for the forced sale of the company’s land and building, which stood in the path o…
On April 1, 2017, MacKinnon Corporation issued $1,200,000 of 15 year, 5% bonds w
On April 1, 2017, MacKinnon Corporation issued $1,200,000 of 15 year, 5% bonds when the market rate was 6%. Interest is payable semi-annually on Sept 30 and March 31. The bond dis…
On April 1, 2017, Mendoza Company borrowed 580,000 euros for one year at an inte
On April 1, 2017, Mendoza Company borrowed 580,000 euros for one year at an interest rate of 5 percent per annum. Mendoza must make its first interest payment on the loan on Octob…
On April 1, 2017, Mendoza Company borrowed 600,000 euros for one year at an inte
On April 1, 2017, Mendoza Company borrowed 600,000 euros for one year at an interest rate of 5 percent per annum. Mendoza must make its first interest payment on the loan on Octob…
On April 1, 2017, Mendoza Company borrowed 620,000 euros for one year at an inte
On April 1, 2017, Mendoza Company borrowed 620,000 euros for one year at an interest rate of 5 percent per annum Mendoza must make its first interest payment on the loan on Octobe…
On April 1, 2017, Morrow Inc. purchased a spooler at a cost of $36,000. The equi
On April 1, 2017, Morrow Inc. purchased a spooler at a cost of $36,000. The equipment is expected to last four years and have a residual value of $4,000. Using the straight-line m…
On April 1, 2017, Novak Company sold 18,900 of its 11%, 15-year, $1,000 face val
On April 1, 2017, Novak Company sold 18,900 of its 11%, 15-year, $1,000 face value bonds at 96. Interest payment dates are April 1 and October 1, and the company uses the straight…